Margrethe Vestager

Politician

1968-04-13

Quotes by Margrethe Vestager

• We have to take our democracy back. We cannot leave it to Facebook or Snapchat or anyone else. We have to take democracy back and renew it. Society is about people and not about technology.

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• Most politicians are either generalists or specialists. It's very rare that a politician is both.

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• It's not in my mission to work against Euroskepticism; it's my mission to work for fair markets. In antitrust, what is at stake is, in some ways, as old as Adam and Eve because it is about greed, to get more.

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• I have a very strong tool in competitional enforcement: To do merger control, to look into cartels, misuse of dominant position - when member states hand out favors, for instance, in terms of tax breaks. But even though that's a strong tool, it cannot solve everything.

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• If you're in a situation where your effective tax rate is so much lower than any other company, then obviously you have a much better position when it comes to compete on prices and everything else.

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• Elephants are social, thoughtful animals. They live in communities and - I have to say it - in matriarchal societies. They bear no grudge, but they remember well.

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• The benefits of globalization do not trickle down automatically. It takes politics to make sure that there is a benefit.

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• You have to teach your algorithm what it can do and what it cannot do because, otherwise, there is a risk that the algorithms will learn the tricks of the old cartels.

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• Technology is, in many respects, an enabler for an open, transparent society. But it's also an enabler for supervision to a completely unforeseen degree. And for commercialising personal space to an unforeseen degree.

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